Tax reforms achieve what progressives never could – Starbucks raises wages, benefits
Republicans have finally “Raised the Wage”
Democrats have spent years trying to “Raise the Wage” for workers in entry-level and part-time jobs, to no avail.
Their approach was all wrong. Though they successfully installed minimum wage hikes in blue locals, the exact population they sought to help experienced layoffs, hour cuts, and even store closures as a result of the mandated wage increases (we’ve cataloged this ongoing story extensively).
Thanks to recent changes in tax laws, Starbucks employees will finally get the wage bumps Democrats have spent years trying to deliver.
Wednesday, Starbucks issued a statement crediting Trump’s tax reforms for their ability to invest more in paid leave and wage increases (emphasis mine):
Building on a long history of providing relevant, industry-leading benefits, Starbucks Coffee Company (NASDAQ: SBUX) today announced a series of new partner (employee) offerings that span across wage and benefits. These offerings will total more than $250 million for more than 150,000 partners and are accelerated by recent changes in the U.S. tax law. Further details on the impact of these changes on our 2018 financial statements and earnings guidance will be discussed during our January 25 earnings call.
With this investment, Starbucks announces a total compensation approach that is best in class for part-time and full-time employees across American retail.
Progressives are applauding Starbucks’ announcement, even if the catalyst for these changes remains un-thanked.
Editor and Publisher of The Nation (progressive magazine) commented thusly:
Okay-My Starbucks Coffee tastes better this am: https://t.co/PtK3oW27oz
— Katrina vandenHeuvel (@KatrinaNation) January 24, 2018
Someone get this woman a red hat!
— Kemberlee Kaye (@KemberleeKaye) January 24, 2018
You don’t have to like Trump or even the Republicans to recognize that the rax reforms were hugely beneficial to the very population progressives have long-claimed Republicans hate.
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Comments
Funny, that.
“Economics” is Racist! Don’t you Know?
Is there a timeline for when the recipients of these starbuck bucks pull their heads out of their butts and see disgraced former president barack obama for the fraud and criminal he is?
Not in our lifetimes.
Never know. Now that they’ve gotten a taste of the free market gravy train, when it’s taken away by the next disgraced democrat president, it might make them wonder.
Now if only they could taste “real” coffee and be liberated from that Starpuck’s……..
The immutable laws of economics remain undefeated in the history of the world.
Many have tried to defeat them, including the Soviet Union, but have failed.
Sadly, after all of these centuries, and approximately 240 years after the publication of the first treatise on economic (short titled, The Wealth Of Nations), many people who consider themselves to be the smartest to ever live still remain willfully ignorant of the those immutable laws.
Wisdom is gained and , anyway, isn’t considered important in the brave new world of progressivism. There are three possible outcomes when trying something new…. least likely finding something better, more likely coming out the same (reinventing the wheel) and thirdly and most likely failing.. reinventing the flat tire.
“…Many people who consider themselves to be the smartest to ever live still remain willfully ignorant of the those immutable laws….”
It isn’t an issue of being congnizant. It’s an emotional issue.
Given most of our youth has been infantilzed, and prior generations polluted as narcissists by the left, it’s kind of like a fat person in failing health scarfing down a box of donuts late at night: get between them and the donuts are your peril.
Only tough love will work, in particular, requiring these idiots to take responsibility for their actions and suffer the consequences.
For the fat person, it’s making him or her eat another ten box of donuts on the spot: snowflakes need a serious dose of aversion therapy.
Did you know that Adam Smith, the author of “The Wealth of Nations” was a Scottish preacher?
For the Marxoid mileu it isn’t about the results:
https://iea.org.uk/blog/the-economics-of-political-correctness
Starbucks workers HATE Howard Shultz, but they don’t hate him so much that they’re unwilling to cash his paychecks! No one asked them to DATE Donald Trump or invite him to dinner at their house, but please “millennia’s” pay attention to what BENEFITS President Trump’s ACTIONS have given you.
Barack Obama told us for almost a decade that America’s best years were in the past, that our children would have to “make do” with a reduced standard of living. In a year, Donald Trump has proved that Obama was full of b.s.
So, the left offers trickle-up poverty, while the right offers trickle-down prosperity. Choices (not to be confused with ‘C’hoice(s)).